Business profile

Covermat Oy

Covermat Oy's registered office is Naantali. It is a limited company. The company was established on 1991-08-28. It operates in the industry of installation of insulation.

Business ID 0857372-7ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID
0857372-7
Sector
Installation of insulation
Municipality
Naantali
Company form
Limited company
Registration date
1991-08-28
Business ID registration date
1991-09-30
Business status
Valid
Profile ownership
Unclaimed company profile

Contact and location summary

Visiting address: Palttankatu 13 B 6, 21100, Naantali

About Covermat Oy

Financial position and key figures for the company.

Covermat Oy's location municipality is Naantali. It is a limited company. The company was established on 1991-08-28. It operates in the industry of installation of insulation. Based on the latest retained statement, revenue growth was not currently available, operating margin was not currently available, and equity ratio was +84.2%.

Financial highlights

Key figures from the latest financial period.

Open full statement
Latest financial period

2025-12-31

Imported periods4
PRH parsed2
Profile sourcePRH/XBRL financial statement
Derived indicators
Equity ratio84.2%
Operating profit (loss)€323,525+€0 (+0.0%) vs previous periodPrevious: €323,525
Profit (loss) for the financial year€276,937+€0 (+0.0%) vs previous periodPrevious: €276,937
Assets€1,816,080+€267,516 (+17.3%) vs previous periodPrevious: €1,548,563
Balance-sheet contextLatest financial period
Inventory€3,310Previous: €3,353
Cash and bank€619,192Previous: €205,700
Retained earnings€1,007,591Previous: €819,001
Equity€1,529,229Previous: €1,104,348
Liabilities€286,851Previous: €444,216
Current assets€925,620Previous: €918,848
Current liabilities€284,374Previous: €443,526
Operating profit (loss) trend2 periods
€323,525
2024-12-31
€323,525
2025-12-31
Profit (loss) for the financial year trend2 periods
€276,937
2024-12-31
€276,937
2025-12-31
Assets trend2 periods
€1,548,563
2024-12-31
€1,816,080
2025-12-31

Financial ratios

Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.

Equity ratioGood
100/100 · Improving
84.2 %2024-12-31: 71.3 %
Current ratioGood
73/100 · Improving
2.19x2024-12-31: 0.47x
Operating profit marginNot assessable
0/100 · Trend unavailable
Not available2024-12-31: 8.8 %
Ratio history
Ratio2024-12-312025-12-31
Equity ratio71.3 %84.2 %
Current ratio0.47x2.19x
Operating profit margin8.8 %-

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid
Trade RegisterRegistered
Business ID0857372-7
VAT IDFI08573727
EU IDFIFPRO.0857372-7
MunicipalityNaantali
Current registered entries
1991-08-28Registered in Patent and Registration Office (Trade Register)
1991-09-30Registered in Tax Administration (Tax Administration)
1991-11-01Registered in Tax Administration (Employer Register)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
2024-09-01Registered in Tax Administration (Prepayment Register)

Risk certificate

An open-data based company stability and risk signal.

BUSINESS.fi

BUSINESS.fi Luottoluokitus

Profile-specific risk signal based on open data

Automatic gradeNot a credit decision
A3
GoodCovermat Oy
Grade upgradedB1 → A3 · new analysis 2026-09-17
Model score74/100
Assessment confidenceMedium
Evidence qualityUsable financial evidenceFinancial data included
Financial trajectorySeveral key financial indicators show coordinated recovery.
3 comparable periods
RevenueNot enough history
ProfitabilityNot enough history
SolvencyImproving
LiquidityImproving
Peer comparisonNational Tier 1 comparisonDescriptive comparison – does not change the model score.
160 peers
Solvency79%
Better than 79% of peers
Liquidity91%
Better than 91% of peers
Financial statement reporting patternMixedBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings
Latest registration lag239 days after period end
Typical registration lag239 days after period end
Annual continuity3 consecutive periods
Supporting factors
  • Strong equity ratio
  • Healthy short-term liquidity
  • Coordinated recovery across 2 financial domains
Risk factors to note
  • Elevated industry distress context
Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessments
A3
2026-09-17 04:0674/100 · v0.14
B1 → A3 · +11 points
  • Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
  • Evidence quality: Registry and statistical evidence → Usable financial evidence.
B1
2026-09-1463/100 · v0.14
B1 → B1
B1
2026-09-1463/100 · v0.13
B2 → B1 · +4 points
  • Assessment confidence: Low → Medium.
  • Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
  • New risk factor: Sufficient structured financial metrics are not available.
B2
2026-09-1359/100 · v0.12
Oldest retained automatic assessment in this comparison
Automatic model gradeA3
Automatic model snapshot2026-09-17
Automatic model versionopen-risk-grade-v0.14
Financial data included

The grade can use open digital financial statement data together with registry signals.

Verify assessment

Risk context

When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.

Industry riskelevated
38/100

Industry context is elevated based on normalized open statistical inputs.

Age and continuityVakiintunut
90/100

The company has about 35 years of registry continuity.

Registry and status signalsVakaa
83/100

Registry history, filing recency, and active register markings are still limited or mixed.

Events & news

Verified events and sourced external company news in one timeline.

Risk grade updatedRisk gradeEvidence verified
17 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1 → A3.
Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade B1.

Registry timeline

Trade register notifications shown on a timeline.

19 register eventsLatest event: 2026-08-27

Financial statements availability

Available financial statement periods and PRH source filings.

4 financial statement periodsLatest financial period: 2025-12-31

Profile source and ownership

Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2025-12-31.

This company profile has not been claimed yet

Covermat Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.